Fashion's biggest companies have donated millions to help restore Notre-Dame

Who says fashion has no heart? Two of the industries biggest tycoons have donated millions in the wake of the Notre-Dame fire...

On Monday, the world's heart collectively broke as images and videos of Paris' Notre-Dame going up in flames circulated. The historic landmark, which has been undergoing renovations, caught fire destroying the spire and the roof of the cathedral. In an effort to help rebuild the global icon, two major players in the fashion industry have pledged millions of dollars to the cause.

François Pinault, the CEO of Kering, announced that he (along with his family which includes wife Salma Hayek) would donate 100 million euros (roughly Dhs415 million) whilst LVMH owner Bernard Arnault pledged 200 million euros (roughly Dhs830 million).

Speaking of the donation, Arnault wrote in a statement, "The Arnault family and the LVMH group, in solidarity with this national tragedy, are associated with the reconstruction of this extraordinary cathedral, symbol of France, its heritage and its unity. In the meantime, the LVMH Group puts at the disposal of the state and the concerned authorities all its teams, creative, architectural, financial, to help the long work of reconstruction on the one hand, and of fundraising on the other hand."

According to Fashion Network, "around 700 million euros has been pledged from French billionaires, businesses and the public sector" so far.